DeLaney comments on fiscal mismanagement

Today, it was revealed to the State Budget Committee that Medicaid will be underfunded by roughly $1 billion due to an “accounting error.” State Rep. Ed DeLaney (D-Indianapolis) issued the following statement: 

“This is shocking. Due to mismanagement, Medicaid is being underfunded by $1 billion. Let me say that again: $1 billion. The lack of funding isn’t due to a decision of the legislature. It’s thanks to accounting errors and fund mismanagement by the Family and Social Services Administration (FSSA).

“Where’s the oversight? How is it that $1 billion was misreported? Indiana prides itself on its fiscal policy, but we’re doing something wrong. We passed a budget that was based on estimates that were off by a billion dollars. 

“The state surplus will now be below 10%. We need to understand how this can happen. 20 years of one-party rule leads to this kind of ineptitude.”